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CAA Global Entry exam of the Certified Actuarial Analyst qualification Sample Questions:

1. Determine the binomial expansion of (2x-X2)3.

A) -X6+8x3
B) -x6+3x5-3x4+x3
C) -x6+2x5-4x4+8x3
D) -x8+2xa-4x4+8x3

2. Consider the function f(x) =x2- 5x - 3
The value of one of the roots of the above equation can be obtained by using the iteration formula

Apply the iteration formula to determine the value of the root.

A) 5.53
B) 0.54
C) 4.40
D) 1.54

3. Determine which of the following function is equal to (2+ x)3

A) 6+ 3x + 3X2+ x3
B) 8 + 12x + 2X2+ x3
C) 8 + 4x + 2X2+ x3
D) 1+ 3x + 3X2+ x3

4. Identify which of the following statements is correct.
For a continuous random variable X, the distribution function evaluated at X= x measures:

A) P(xx)
B) P(X = x)
C) P(X>x)
D) P(X<x)

5. Calculate the single extreme point of the function:

A) (0,4)
B) (0.1)
C) (1.1)
D) (0,2)

Solutions: